Is Chicago more expensive than Phoenix?

Chicago is 0.3% more expensive than Phoenix overall. Rent is 30.8% higher, groceries 5.4% more expensive, and restaurants 3.3% cheaper.

Which city has better purchasing power, Phoenix or Chicago?

Phoenix has a purchasing power index of 130.8 while Chicago has 141.4 (NYC = 100). Chicago offers better purchasing power.

Cost of Living Comparison · 2026

🇺🇸 Phoenix vs 🇺🇸 Chicago

2026

Chicago is 0.3% more expensive

Category	🇺🇸 Phoenix	🇺🇸 Chicago	Difference
Cost of Living	75.9	76.1	+0.3%
Rent	40.9	53.5	+30.8%
Groceries	84.1	88.6	+5.4%
Restaurants	78.2	75.6	-3.3%
Purchasing Power	130.8	141.4	+8.1%

Data verified Q1 2026 · Source: Numbeo cost-of-living indices (NYC = 100 baseline) · Indices reflect relative costs; absolute prices vary by neighbourhood.

Add your salary for a personalized comparison

See exact tax differences, net income, and savings potential.

80k Salary 100k Salary

Explore

🇺🇸 Cost of Living in Phoenix

Explore

🇺🇸 Cost of Living in Chicago

Explore

🇺🇸 Should I Move to Phoenix?

Explore

🇺🇸 Should I Move to Chicago?